Early Life and Career
Torres was born in Glendora, California to Lynda Lou (née Perkins) and Harry Guy Snyder. She is of Dutch descent on her father's side. At age 12, she moved with her parents to the small CDP of Shingletown, California, where she graduated from a private Christian high school and lived on a ranch. Her parents divorced in January 1997, when she was fourteen. She has two older half-sisters (Traci and Teri) through her mother. Traci is married to former In-N-Out President and current COO Mark Taylor.
Beginning on January 1, 2010, Torres became In-N-Out's 6th President, succeeding her brother-in-law, Mark Taylor, who was appointed the company's Chief Operating Officer. She currently retains the same position that her grandfather Harry (1948–1976), uncle Rich (1976–1993), father Guy (1993–1999), and grandmother Esther (1999–2006) previously retained. She currently does not completely "own" her company but rather is guiding it until she receives her final shares on her 35th birthday. Before Torres stepped in as President of In-N-Out Burger, she sent out a taped message that was broadcast to all the company associates letting them know about the transition and the future of the company. Also, Esther Snyder's signature was finally removed from associates' checks in 2009 (three years after her death) and replaced with Torres's.
During 2006, Torres and In-N-Out were embroiled in a bitter lawsuit with an ex-company executive, Rich Boyd. Boyd was fired for allegedly misusing company funds, but claimed that Torres, and then Vice-President Mark Taylor, were trying to oust the elderly Esther Snyder from the company. Both denied the claims and the lawsuit was settled out of court in May 2006.
In February 2013, Torres was ranked a billionaire for the first time by the Bloomberg Billionaires Index, based on an In-N-Out valuation of $1.1 billion.
Read more about this topic: Lynsi Martinez
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